$1,575,000
Sold · September 25, 2025
505 Sabal Way
Explore the area: Weston homes for sale · Broward County real estate
Sale Summary
What this home sold for
- Sold price
- $1,575,000
- Vs. list price
- 4.5% under
- Days on market
- 29
- Price per sq ft
- $429
This 5-bedroom single-family home in Palm Island sold for $1,575,000 on September 25, 2025. That was 4.5% below its final list price of $1,650,000. It spent 29 days on the market. At $429 per square foot, it closed 83.7% below the $2,640 median of the 4 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $1,575,000
- Sold On
- September 25, 2025
- Days on Site
- 29 Days
- Bedrooms
- 5
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Living Area
- 3,671 sqft
- Total Sq Ft
- 4,661 sqft
- Lot Size
- 0.36 Acres
- Year Built
- 1990
- Property Type
- Single Family
- MLS #
- A11843067
- Property Tax
- $24,457 (2024)
- HOA Fees
- $267 / Monthly
- Subdivision
- Palm Island
- Development
- Palm Island
- County
- Broward
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Exquisite 5 bed, 3.5 bath remodeled pool home on premium 15,818 sq ft corner lot in the prestigious gated community of Palm Island, Weston. Enjoy luxury & comfort in elegant, open floor plan w natural light cascading through large windows w custom curtains & electric binds & spectacular 2 sided stone fireplace at the heart of the home. Chef's kitchen features new stainless appliances, large island, custom cabinetry & wet bar w wine fridge. Split floor plan with spacious primary suite w luxurious spa-like en-suite bath & designer closet. Freshly painted inside & out, crown molding, new electrical panels, lighting, new AC units, dreamy laundry room & gorgeous flooring throughout. Outdoor private patio oasis w sparkling, refinished refreshing pool & heated spa w a picturesque backdrop.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1990
- Levels
- One
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached / Driveway / Garage
- Direction Faces
- Southeast
- Lot Size (Acres)
- 0.36
- Living Sq Ft
- 3,671
- Total Sq Ft
- 4,661
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RE
Interior Features
- Appliances
- Dryer / Dishwasher / Microwave / Oven / Refrigerator / Washer
- Cooling
- Ceiling Fans / Electric
- Heating
- Electric
- Flooring
- Tile
- Spa
- Yes
- Spa Features
- Heated
- Interior Features
- Built In Features / Bedroom On Main Level / Breakfast Area / Bathtub / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Dual Sinks / Entrance Foyer / Eat In Kitchen / Sitting Area In Primary / Split Bedrooms / Soaking Tub / Separate Shower / Vaulted Ceilings / Bar / Walk In Closets
- Total Rooms
- 2
- Furnished
- Unfurnished
Exterior Features
- Construction
- Block / Other
- Roof
- Barrel
- Private Pool
- Yes
- Pool Features
- In Ground
- Patio & Porch
- Patio
- Lot Features
- Quarter To Half Acre Lot
- View
- Garden
Community & HOA
- HOA Fee
- $267 / Monthly
- HOA Includes
- Common Areas / Security
- Association Amenities
- Gated / Maintenance / Picnic Area / Sidewalks
- Community Features
- Home Owners Association
- Utilities
- Cable Available
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional / Va Loan
- MLS Area
- 3890
Schools
- Elementary School
- Indian Trace
- Middle School
- Tequesta Trace
- High School
- Cypress Bay
About the Community
Palm Island is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $22,900,000 to $60,000,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Palm Island and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 1
- Median List Price
- $60,000,000
- Median $/Sq Ft
- $3,965
- Avg Days on Market
- 556
Frequently Asked Questions
- How do I schedule a tour of 505 Sabal Way, Weston, FL 33326?
- Use the Tour button on this listing to request a showing of 505 Sabal Way, Weston, FL 33326. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 505 Sabal Way, Weston, FL 33326 still available?
- 505 Sabal Way, Weston, FL 33326 is currently listed as Sold, and has been on the market 29 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 505 Sabal Way, Weston, FL 33326?
- With 20% down ($330,000) on the $1,650,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 505 Sabal Way, Weston, FL 33326 is about $8,671/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 505 Sabal Way, Weston, FL 33326?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 505 Sabal Way, Weston, FL 33326. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 505 Sabal Way, Weston, FL 33326 have an HOA fee?
- Yes: 505 Sabal Way, Weston, FL 33326 carries an HOA fee of about $267 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 505 Sabal Way, Weston, FL 33326?
- 505 Sabal Way, Weston, FL 33326 is zoned for Indian Trace (elementary), Tequesta Trace (middle), Cypress Bay (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 505 Sabal Way, Weston, FL 33326?
- Often, yes. The right offer on 505 Sabal Way, Weston, FL 33326 depends on how it's priced against comparable single family sales in Weston, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Green Realty Properties Inc.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$1,575,000
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Listed by Patty Da Silva, Green Realty Properties Inc.
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Recent Sales
Recently sold homes in Palm Island
These are the last 6 recorded closings in Palm Island, with the price each home actually sold for rather than what it was listed at. They closed at a median of $2,715 per square foot. The most recent closed on October 5, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$29,000,000
Sold · October 5, 2026
49 Palm Avenue
8 bed · 8.5 bath · 11,307 sqft · $2,565/sqft
$6,900,000 under the asking price
Sold$21,000,000
Sold · August 12, 2026
93 Palm Avenue
0 bed · 0 bath
$2,500,000 under the asking price
Sold$21,000,000
Sold · August 12, 2026
93 Palm Avenue
0 bed · 0 bath
$2,500,000 under the asking price
Sold$40,000,000
Sold · July 1, 2026
145 Palm Avenue
5 bed · 5.5 bath · 11,639 sqft · $3,437/sqft
$7,000,000 under the asking price
Sold$25,000,000
Sold · June 5, 2026
16 Palm Avenue
6 bed · 6.5 bath · 9,209 sqft · $2,715/sqft
$2,500,000 under the asking price
Sold$22,850,000
Sold · November 21, 2025
16 Palm Avenue
6 bed · 6.5 bath · 9,209 sqft · $2,481/sqft
$2,050,000 under the asking price
See every recorded sale in Palm Island or find out what your Palm Island home is worth.
